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      Bayern Munich valued at £3.1bn as German energy giant buys stake in Harry Kane’s club

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London

  • London is the busiest city in Europe for private jets, according to research

    November 28, 2019

    London has retained its position as the busiest city in Europe for private jets, with more than twice as many so called business aviation flight departures as the next most active city, according to research. The capital saw 4,577 private flights leave its selection of business aviation airports last month, which include Stansted, Biggin Hill [...]

  • Rory Stewart rails against ‘unnecessarily high’ skyscrapers in the City of London

    November 26, 2019

    Independent mayoral candidate Rory Stewart has voiced his opposition to building more “unnecessarily high” buildings in the City of London. Speaking after a London Chamber of Commerce event today, Stewart said the historical value of the square mile – which he labelled as “probably the most precious heritage site in our capital” – needed to [...]

  • Uber rival Ola announces London launch

    November 26, 2019

    Ride-hailing app Ola has fired the starting gun in the race to recruit Uber drivers and customers, announcing it will soon launch in London. The Indian ride-hailing app today announced it had begun on-boarding drivers in London and would launch in the coming weeks. Read more: TfL bans Uber from London after a ‘pattern of [...]

  • Why did Uber lose its London licence and what happens now?

    November 25, 2019

    Transport for London’s (TfL) decision to not renew Uber’s licence may come as a shock to its 3.5m users in the capital, but what does it actually mean in the short-term? TfL cited various reasons to effectively ban Uber from the capital, but can Uber appeal it and if so, what are its chances of [...]

  • South Western Railway services to close early in December amid strikes

    November 25, 2019

    Christmas parties across London will be scuppered next month, as late night train services face the chop amid 27 days of rail strikes. The strike, which begins next Monday, is on course to be the worst ever in the capital city, and will hit all services which run in and out of Waterloo, the busiest [...]

  • Uber shares slip after London licence loss

    November 25, 2019

    Uber’s share price has slipped after falling close to a record-low in pre-market trading in response to the app’s loss of its London licence. Shares in the New York-listed company were down three per cent to $28.66 in pre-market trading, wiping almost $2bn off Uber’s market cap. However, shares trimmed losses to stand 1.4 per [...]

  • Trellis tower: London’s second-tallest skyscraper gets green light after planning battle

    November 25, 2019

    Plans to build London’s second-tallest skyscraper, the Trellis, have been given the nod after a three-year planning war. The tower, whose real name is 1 Undershaft, will be 1,000 feet tall when completed, standing just 17 feet shorter than the Shard. Read more: Was Sadiq Khan right to reject plans for the Tulip tower? After [...]

  • Uber ban: London business groups mourn ‘dark day’

    November 25, 2019

    Business groups have slammed the decision to not grant Uber a new operating licence in London, with one think tank calling it a “total disgrace”. Transport for London (TfL) announced this morning it had not renewed Uber’s licence, after a long-running battle over the company’s safety record. Read more: TfL bans Uber from London after [...]

  • TfL bans Uber from London after ‘pattern of failure’ leaves passengers at risk

    November 25, 2019

    Transport for London (TfL) today effectively banned Uber from the capital, saying the company was not a “fit and proper” operator. TfL said safety breaches had “left passengers at risk” and that Uber did not have “a robust system for protecting passenger safety”. It added that a “pattern of failure” was behind its decision to [...]

  • Uber rivals sharpen their knives after ride-hailing app loses London licence

    November 25, 2019

    Uber’s biggest London competitor has accused the company of having a “toxic corporate culture” and for being a habitual regulation dodger in the wake of the app losing its London operating licence. The announcement to ban the app came this morning in a sensational decision, which saw TfL find that Uber was “not fit and [...]

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